The next workshop in our monthly workshop series is all about Bitcoin & Blockchain!
Blockchain and cryptocurrencies took the world by storm in 2017. With such phenomenal gains everyone is wanting to get a piece of the market.
Bitcoin was the first implementation of a cryptocurrency. But underlying Bitcoin was a publicly verifiable distributed digital database technology known as the blockchain.
The problem is that cryptocurrency and blockchain technology has swept the world so quickly, even the media, reporters and journalist are not able to keep up with a detailed understanding of it. The consumers of these media are therefore not receiving the full context of the technology. As a result, there is much misinterpreted, misunderstanding and myths surrounding this area.
But what makes Bitcoin and the blockchain so special? What makes it so different from the mainstream technology that we are already familiar with today?
To really understand what is special about Bit coin, we need to understand how it works. In this session, we aim to deliver the critical understanding of cryptocurrencies and the blockchain in a simple and easy to understand manner without the technical lingo. Analogies will be commonly used instead of the technical terminology.
This workshop will seek to answer the most fundamental questions surrounding this area:
- What exactly is Bitcoin? How does it work?
- What makes Bitcoin so special?
- What determines the price of Bitcoins?
- Is Bitcoin really secure?
- What exactly is mining?
- Debunking common myths about Bitcoin.
- A Brief overview of other alt-coins such as Ethereum and Dash.
- Where are the investment opportunities for this asset class?
- What might the future hold for this asset class?
There will also be a Q&A and mingling session so that members of the community may engage in open dialog and discussions in order to deepen their understanding of Bit coin and blockchain.
Mark your calendars for 14th March, Wednesday. 7 – 9pm.